Pekka Dare

This post has been provided courtesy of ICA

October 5, 2020

Top 10 reasons to be an MLRO

As a small child, how many of us dreamt of becoming a money laundering reporting officer? None, that’s how many. So, what makes the role of the MLRO today an attractive one? Here are our light-hearted top ten reasons to …

January 22, 2020

Training? Five things that work

If you work in a large organisation, say a bank, insurance provider or oil and gas company, you are going to be deluged with training. When you join and at regular periods you will experience “death by CBT” (Computer Based …

September 30, 2019

Financial crime: a 360-degree view (Podcast)

Broadgate Search sat down with Pekka Dare the Director of Training, Education and Development at ICA, to uncover various case studies in the financial sector. Financial crime impacts every aspect of society with illicit capital flowing through various illegal activities …

September 26, 2016

My top 10 quotes on learning

To inspire you to learn with us, here are my top 10 quotes on learning.  10. “Education is the kindling of a flame, not the filling of a vessel.”  ―  Socrates 9. “Study hard what interests you the most in …

March 23, 2016

Place your bets: The gaming industry and bookmakers – low risk for money laundering or not?

We need to talk about the gaming sector in the UK. A debate is currently raging between the industry, policymakers, and regulators. The stakes are high indeed with the industry arguing disproportionate regulation could lead to hugely increased costs (in …

March 14, 2014

New payment methods: why we all need to understand more

The past decade has seen an explosion in the scale of the New Payments Products and Services (NPPS) sector. Let’s just be clear what we mean by this. Typically NPPS are defined as: Prepaid cards Mobile payments and  Internet based …

June 27, 2013

How to Enable Staff in Firms to Report Suspicious Activity

Is your firm identifying and reporting the appropriate level of suspicious activity in respect of money laundering? For many of the firms and AML professionals that I speak to the answer is a clear no. Many of the recent Money …

January 31, 2013

What does a career in financial crime prevention involve?

The range of threats facing organisations means there are a multitude of career option in financial crime prevention. From anti-bribery and corruption specialists, to fraud analysts and cyber security experts there are a variety of challenging and rewarding roles out …

November 12, 2012

Changing the enforcement target: regulators, it’s time to stop just focussing on the MLRO

We have a problem.  Money Laundering Reporting Officers must increasingly hit the highest standards of professionalism. This is a good thing. In my 5+ years delivering teaching for ICA qualifications to current and prospective MLROs around the world, I have …

September 5, 2012

PEPs: it’s not working, let’s face it. It’s time to rethink our approach

It is time for a fundamental rethink of how regulators, lawmakers and firms manage the risk of Politically Exposed Persons (PEPs). What we are doing now is clearly not working. With the recent FATF Report on managing the risk of …

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